Chapter 85 of the GST framework covers Electrical Machinery And Equi, and HSN Code 85241190 specifically identifies Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens -Without Drivers Or Control Circuits : Of Liquid Crystals: Other for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens -Without Drivers Or Control Circuits : Of Liquid Crystals: Other. Tax rates applicable include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18 for interstate movements. The standard unit of measurement is u.
HSN Codes under Chapter 85 – Electrical Machinery And Equi
Below are related HSN codes from Chapter 85 – Electrical Machinery And Equi for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Electrical Machinery And Equi... | 85011011 | Electric Motors And Generators (Excluding Generati... | N.a. | N.a. | N.a. |
| Electrical Machinery And Equi... | 85011012 | Electric Motors And Generators (Excluding Generati... | N.a. | N.a. | N.a. |
| Electrical Machinery And Equi... | 85011013 | Electric Motors And Generators (Excluding Generati... | N.a. | N.a. | N.a. |
| Electrical Machinery And Equi... | 85011019 | Electric Motors And Generators (Excluding Generati... | N.a. | N.a. | N.a. |
| Electrical Machinery And Equi... | 85011020 | Electric Motors And Generators (Excluding Generati... | N.a. | N.a. | N.a. |
| Electrical Machinery And Equi... | 85012000 | Electric Motors And Generators (Excluding Generati... | 0.09 | 0.09 | 0.18 |
| Electrical Machinery And Equi... | 85013111 | Electric Motors And Generators (Excluding Generati... | 9.00% | 9.00% | 18.00% |
| Electrical Machinery And Equi... | 85013112 | Electric Motors And Generators (Excluding Generati... | 9.00% | 9.00% | 18.00% |
| Electrical Machinery And Equi... | 85013113 | Electric Motors And Generators (Excluding Generati... | 9.00% | 9.00% | 18.00% |
| Electrical Machinery And Equi... | 85013119 | Electric Motors And Generators (Excluding Generati... | 9.00% | 9.00% | 18.00% |
GST Rates for HSN 85241190
For Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens -Without Drivers Or Control Circuits : Of Liquid Crystals: Other classified under HSN Code 85241190, tax computation follows GST principles. CGST at 0.09 plus SGST/UTGST at 0.09 covers intrastate sales. IGST at 0.18 applies to interstate transactions. u is the prescribed measurement for Electrical Machinery And Equi under Chapter 85.
Who Should Use HSN Code 85241190?
Traders, manufacturers, and importers of Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens -Without Drivers Or Control Circuits : Of Liquid Crystals: Other are required to mention HSN Code 85241190 on all GST documents. This Electrical Machinery And Equi classification under Chapter 85 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Entering the Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens -Without Drivers Or Control Circuits : Of Liquid Crystals: Other market requires essential registrations. GST registration enables legal tax collection on HSN 85241190 goods. For cross-border trade in Electrical Machinery And Equi items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Correct HSN Code 85241190 application for Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens -Without Drivers Or Control Circuits : Of Liquid Crystals: Other ensures smooth input credit utilization and assessment processes. Track 0.09, 0.09, and 0.18 rate changes for Chapter 85 – Electrical Machinery And Equi through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 85241190 should I mention on invoices?
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 85241190 for accurate classification of Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens -Without Drivers Or Control Circuits : Of Liquid Crystals: Other.
Can I claim input tax credit on Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens -Without Drivers Or Control Circuits : Of Liquid Crystals: Other purchases?
Yes, registered businesses can claim input tax credit on Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens -Without Drivers Or Control Circuits : Of Liquid Crystals: Other purchases made under HSN 85241190. Ensure your supplier mentions correct HSN code and GST rates (0.09, 0.09) on the invoice.
What is the difference between CGST and IGST for HSN 85241190?
CGST at 0.09 plus SGST/UTGST at 0.09 applies when Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens -Without Drivers Or Control Circuits : Of Liquid Crystals: Other is sold within the same state. IGST at 0.18 is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens -Without Drivers Or Control Circuits : Of Liquid Crystals: Other domestically?
No, Import Export Code is only required if you plan to import or export Flat Panel Display Modules, Whether Or Not Incorporating Touch-Sensitive Screens -Without Drivers Or Control Circuits : Of Liquid Crystals: Other internationally. For domestic trade within Electrical Machinery And Equi, GST registration is sufficient.
